Federal budget 2020-21 allocates a substantial amount for western route of CPEC
CPEC, a flagship project of Belt and Road Initiative (BRI) is a major driver of economic growth of Pakistan. Government of Pakistan has approved a significant amount for CPEC related projects in the federal budget for fiscal year 2020-21. The budget allocation for CPEC included Rs3, 200 million for the construction of two-lane highway from Basima to Khuzdar, Rs3, 020 for land acquisition of Zhob-Kuchlak Road, Rs2, 339 million for widening and strengthening of about 32 kms of Rakhi-Gajj section of N-70. It is important to note that Rs3,500 million had been earmarked and released for construction of Yakmach-Kharan Road while out of Rs1000 million allocated for dualisation and improvement of Yarik-Sagu-Zhob section of N-50 CPEC western alignment, Rs500 million have been released. The inclusion of CPEC western route in federal budget signifies government’s commitment to smooth and timely completion of CPEC.
ISLAMABAD: National Highways Authority has been working on the government plan of up-gradation and expansion of nationalised road infrastructure in Balochistan as a priority to bring the province on a par with the developed areas of the country.
A NHA official on Thursday said that Rs3,020 million had been allocated and issued under the Public Sector Development Programme (PDSP) 2019-20 for land acquisition of Zhob-Kuchlak Road, part of China Pakistan Economic Corridor.
“For the construction of two-lane highway from Basima to Khuzdar, he said, Rs3,200 million had been allocated and also released.”
It is pertinent to note that the total cost of the project would be Rs19,188 million and Rs1500 million had been spent on the project till June 30 last year.
Similarly, he added, Rs2,339 million had been allocated under PSDP for widening and strengthening of about 32 kms of Rakhi-Gajj section of N-70 out of which Rs999 million had been issued so far. “Total cost of the project was Rs22,994 million Rs14,914 million had been spent till June 30,2019.”
The NHA official further said Rs3,500 million had been earmarked and released for construction of Yakmach-Kharan Road. “Total estimated cost of the project was Rs13,758 million, out of which Rs3,406 million had been spent by the end of the previous fiscal year.”
He also said that Rs1000 million had been set aside for dualisation and improvement of Yarik-Sagu-Zhob section of N-50 CPEC western alignment out of which Rs500 million have been released. “The total cost of the project was Rs76,488 million and Rs2,972 million had been utilised by June 30.”
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